Nixon White House Tapes — Conversation 788-005 Date: Friday, September 29, 1972 at 10:56 AM Participants: Nixon, Richard M. (President); Burns, Arthur F.; Bull, Stephen B. Recording device: Oval Office Source: https://www.easynixon.org/tapes/788-005 This transcript was generated automatically by AI (WhisperX) and has not been reviewed for accuracy. Do not cite it as authoritative. [0:01] How are you? [0:09] Sit down. [0:16] Sit down. [0:17] These meetings are going well. [0:22] The foreigners are tremendously impressed with our achievement in this field. [0:28] Are they? [0:28] They praise us. [0:30] We are the hope of the world now. [1:07] Well, no, it depends on you. [1:09] I've got to go to Japan now. [1:13] Now, in, oh, about a year or so ago, you were eager to have me go to [1:36] india indonesia but circumstances have certainly changed as far as india is concerned i wanted to know your thinking i don't have to go anywhere let me say this uh i'm not keen [2:06] I think Indonesia is important because basically it's so rich and they are coming along. [2:18] Let me just think. [2:26] Which one of those places have you not been to? [2:29] Indonesia. [2:30] Yeah, have you been to Singapore, Malaysia? [2:34] Not to Malaysia. [2:38] in Singapore, Korea, Taiwan, Hong Kong. [2:43] You've been to Korea, you've done. [2:45] I would do what you can. [2:47] That's where always... [3:12] He's running a very good show. [3:17] I have a very good personal relationship with him. [3:20] He wanted to go on around the world. [3:42] All right, I want to be thinking on that. [3:44] All right. [3:45] Now, let me just move quickly. [3:54] I have, I'm in trouble with my system. [4:09] from the board of directors from five other callbacks. [4:14] And the other is very uneasy. [4:18] Here is my problem. [4:19] I can still hold on for a while. [4:26] I'm just a little afraid. [5:06] as you know uh [6:10] Fair enough. [6:11] Believe me. [6:12] Believe me. [6:14] Mr. President, this is almost a miracle this year on the money supply and interest rates. [6:18] I didn't think it was possible. [6:20] Well, I think it's a miracle, too, on the control prices. [6:24] On the control prices? [6:25] I don't know. [6:25] Who ever thought that the damn thing would work when we talked about the 2% to 3% rate? [6:30] You know and I know that I thought it was going to be 4% in June. [6:34] But I thought 4% had definitely [6:42] hang on another thing that's very interesting is the point that you made the American people are still a law-abiding disciplined people that's why we're doing better than the British and the British the British is too bad what's happening in Britain what's going on well they'll come back over [7:09] They're in great trouble because there's been a discipline that has declined. [7:16] Britain is in a state of sunny hands politically. [7:21] No, we're listening to the labor unions. [7:25] Government doesn't have control. [7:27] You see, our trade unions, they groan, and they kick my head when they obey the law. [7:33] And George Meany, you know me, God bless him. [7:36] He taught us, right? [7:47] They behaved abominably towards your children. [7:51] Say, his talk went beautifully. [7:54] He behaved badly. [7:55] He behaved badly. [7:58] They are crawling on their knees, and I'll tell it to you. [8:01] I'm giving them hell all around, and I just want you to know that. [8:05] I don't see human. [8:35] Is he still here? [8:42] Is he coming home? [8:45] Are you coming? [8:47] You're coming today. [8:52] It's alright. [8:53] He's coming.